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olga_2 [115]
3 years ago
14

QUESTION 1 Buchanan Corp. forecasts the following payoffs from a project: Outcome Probability of Outcome Assumptions $ 1,100 25

% pessimistic 2,300 55 % moderately successful 5,800 20 % optimistic What is the expected value of the outcomes?
Business
1 answer:
Lorico [155]3 years ago
5 0

Answer:

$2,700

Explanation:

Calculation for the expected value of the outcomes

Using this formula

Expected value=respective outcome*Respective probability

Let plug in the formula

Expected value=(0.25*1100)+(0.55*2300)+(0.20*5800)

Expected value=$275+$1,265+$1,160

Expected value=$2,700

Therefore the expected value of the outcomes will be $2,700

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Answer:

$4,697.04

Explanation:

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<em>P/YR = 12</em>

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therefore,

In 5 years time, you will have $4,697.04.

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3 years ago
X Company has two production departments, A and B. The following is budgeted information for all of its products in 2019, and ac
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Answer:

Explanation:

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3 years ago
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Answer:

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6 0
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Read 2 more answers
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